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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS) -- Ignore unavailable to you. Want to Upgrade?

To: ztect who wrote (883)	8/17/1998 7:28:00 PM
From: ztect	Read Replies (2) \| Respond to of 1084

To all, if anyone is still paying attention: Called and requested financials like I said I would, and had a good conversation with the IR person. The 18 page statement is being sent to me. There is some conversation of posting the financial info on an expanded IR section of the webpage. To begin with regarding the financials, the IR person pointed out, when reviewing the financials for the '96 and '97 fiscal years, the important fact to note is that DIXS is a FULLY REPORTING COMPANY. Another key point to remember is that these '96 and '97 statements do not reflect the deals already announced and others soon to be announced this '98 fiscal year. With these caveats out of the way, according to IR the company's management isn't overly eager to post the financial statements because from a balance sheet point of view, the financials aren't very pretty. (51,000.00 +/- earnings versus 1.6 million dollar loss). The lack of eagerness though has more to do with how the statements can be misconstrued rather than how they are now successfully implementing their business plan. For as the IR person pointed out with each new deal, DIXS and its partners are learning how to make each new deal more lucrative for both. Thus the IR person emphasized that these reports being released were for the years the company was getting its feet on the ground. Also, I was told that the amount of convertibles outstanding is noted in these statements. Namely that there are fewer than a million outstanding convertibles which are convertible at 25 and 50 cents. He reiterated that most of the conversions already occured in '96 and '97. Again he emphasized that the gist of the release of financial statements is that DIXS is a fully reporting company ie. no more pink sheets. Now as for the non-deliverence of anticipated news: The purported news that created the stock run that sucked a lot of investors like myself in at much higher prices. The IR person was a little bit upset because when the management made forward statements with time frames on which they could not deliver, the management made the IR person's job more difficult to do. Despite this run, the IR person emphasized that "insiders" and other close to the company didn't sell their shares. He also said that management was learning from their mistakes and, therefore, would let the IR people do their jobs. Consequently the IR person alluded to "news" which he gave a generous time frame on of reporting of between 30 to 60 days. He gave this time frame despite being told that the management would have releases available much sooner. THis "news" included possible joint ventures. Of course, the IR person was not at liberty to reveal any speciifc or inside information. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including, but not limited to, dependence on the PC and consumer electronics, and Internet technologies and on new services based on new technologies; reliability; competition and pricing pressures; and other risks